Kansas Administrative Regulations

Agency 40. Insurance Department

Article 2. Life Insurance

40-2-10 Same; deficiency reserves; requirements.

Any life insurance company may establish deficiency reserves when gross premium charges are less than net premiums. However, the company shall give the department a complete description of the reserve establishment.

(Authorized by K.S.A. 40-103; implementing K.S.A. 40-409; effective Jan. 1, 1966; amended May 1, 1986.)